Service Tax is a tax levied by the central government of India on service providers on certain Service transactions.
To get started with service tax using Tally.ERP 9, you have to enable the service tax options and enter your company's service tax registration details.
To enable service tax
1. Go to Gateway of Tally > F11: Features > Statutory & Taxation.
2. Set the option Enable service tax? to Yes.
3. Enable the option Set/alter service tax details?. The Service Tax Details screen appears.
4. Enter Service tax registration number.
5. Select the Type of organisation from the List of Organisations.
6. Set the option Is Monthly format? to Yes/No based on the periodicity of filing return when the Type of organisation is selected as Individual/Proprietary/One Person Company.
Note: The organisation types, Partnership and Limited Liability Partnership are merged and named as Partnership/Limited Liability Partnership.
7. Select the required tax liability computation method in the field Compute tax liability based on.
8. Enable Set/alter service tax details? to set service tax details. The Service Category Alteration (Secondary) screen opens.
o Enter the Name of the category.
o Enter rate of Service tax.
o Enter rate of Education cess, if required
o Enter rate of Secondary education cess, if required.
o Enter rate of Swachh Bharat cess.
o Enter rate of Krishi Kalyan cess.
The completed Service Category Alteration (Secondary) screen appears as shown below:
o Press Enter to save.
Note: You can view all the changes made to service tax details such as applicable from, category name, service tax, and others.
To view the service tax details
● Press Alt+L on the Service Category Creation (Secondary) screen.
9. Set Define service category and tax details as masters? to Yes, if required.
10. Set Is reverse charge applicable? to Yes/No, as applicable. The Service Tax Details screen appears as shown below:
11. Enter PAN/Income tax no. in the Company Operations Alteration screen.
12. Enter Corporate Identity No. (CIN).
13. Press Enter to save.
Unable to determine the tax type of duty ledgers
Resolving the exception Unable to determine Service Category in statutory report
Resolving the Exception Unable to determine tax rate
Resolving Mismatch in Tax Amount
Resolving the Exception Unable to Determine Nature of Adjustment
Resolving the Exception Mismatch in Tax Details of Masters and Transactions
Resolving the exception Exempt notification number and notification serial Number not found
Resolving the exception Abatement notification number and notification serial number not found
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